The rent prices in real estate in Franklin Park, in the Illinois region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Franklin Park has fallen during the last 6 months. In October, the average price per sq.feet was $1.84. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (December, January) had a considerable rise of 132 %. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.65 to $1.7 during February y March
When referring to the price in Franklin Park (cities), this has fallen in the last 6 months. The average price during our first sample month during October, is $2,115. During November the price went through a considerable rise reaching $2,447. During the following two months (December, January) the average price had a considerable fall of 82 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 86 %, going from $2,075.5 to $1,790.5 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,750 they are 36 % more affordable than the average price for Franklin Park . The properties with the highest average price have 3 bedrooms, Their price is 28 % more expensive than the average. After that we have properties with 4 bedrooms priced at $1,531.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1 / sq.feet, with an average $1.61 / sq.feet price in Franklin Park. The properties with the most affordable average prices have 1 bedroom. They are 6 % more affordable than the average followed by properties with 2 bedrooms with a price at $1.35 / sq.feet.
According to average price per property type in Franklin Park, "" priced at $1,747 is 0 % more expensive than the average price ($1,750) in this city.